Politics and Economics Flashcards

1
Q

Not every country has the population (1) or (2) potential to attract (3) in search for (4)

A

1 - density
2 - market
3 - international investment
4 - new markets

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2
Q

Political matters and global (1) can not always take place due to (2)

A

1 - flows

2 - political barriers

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3
Q

Describe the impacts of the financial crisis of 2008/9 on the IMF and World Bank

A
  • Originated in the US and EU money markets
  • LEDCs become sceptical of financial advice from IMF and World Bank
  • Undermined world economy
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4
Q

The WTO has a continuing lack of success in getting all (1) members to reach a (2) on any aspect of (3) especially in relation to (4) which makes many sceptical of its (5)

A
1 - 159
2 - global agreement 
3 - trade 
4 - food
5 - long term role
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5
Q

Name the Breton Woods players

A

World Bank
IMF
WTO

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